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Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) 5-Year Yield-on-Cost % : 7.03 (As of Jun. 23, 2024)


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What is Precinct Properties NZ & Precinct Properties Investments 5-Year Yield-on-Cost %?

Precinct Properties NZ & Precinct Properties Investments's yield on cost for the quarter that ended in Dec. 2023 was 7.03.


The historical rank and industry rank for Precinct Properties NZ & Precinct Properties Investments's 5-Year Yield-on-Cost % or its related term are showing as below:

NZSE:PCT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.73   Med: 5.26   Max: 8.78
Current: 7.03


During the past 13 years, Precinct Properties NZ & Precinct Properties Investments's highest Yield on Cost was 8.78. The lowest was 3.73. And the median was 5.26.


NZSE:PCT's 5-Year Yield-on-Cost % is not ranked
in the REITs industry.
Industry Median: 6.99 vs NZSE:PCT: 7.03

Competitive Comparison of Precinct Properties NZ & Precinct Properties Investments's 5-Year Yield-on-Cost %

For the REIT - Diversified subindustry, Precinct Properties NZ & Precinct Properties Investments's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Precinct Properties NZ & Precinct Properties Investments's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Precinct Properties NZ & Precinct Properties Investments's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Precinct Properties NZ & Precinct Properties Investments's 5-Year Yield-on-Cost % falls into.



Precinct Properties NZ & Precinct Properties Investments 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Precinct Properties NZ & Precinct Properties Investments is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Precinct Properties NZ & Precinct Properties Investments  (NZSE:PCT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Precinct Properties NZ & Precinct Properties Investments 5-Year Yield-on-Cost % Related Terms

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Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Business Description

Traded in Other Exchanges
Address
188 Quay Street, Level 12, Auckland, NZL, 1010
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hospitality, and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include ANZ Centre; 10 Madden Street; Mason Brothers; PwC Tower at Commercial Bay and others.

Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Headlines

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